Brazil Electronic File Transfer in Receivables

Companies in Brazil use bank services to collect customers. The Brazilian Electronic File Transfer for Receivables (CLL F034) provides the functionality to electronically transfer collection documents to banks using files in the standard CNAB format. The CLL F034 features allows companies to meet Brazilian Bank Transfer requirements by providing customers with the most important bank file formats in Brazil, as each bank has its own format.

Bank Collection Flow

Bank Collection – Setup

1.       Create Bank Accounts: Receivables à Setup à Receipt à Banks à Bank Accounts

2.       Define Format Programs: Receivables à Setup à Receipt à Format Programs

3.       Define Receipt Class: Receivables à Setup à Receipt à Receipt Classes

4.       Define Receipt method Accounts: Brazilian Localizations à Setup à Bank Collections à Receipt Method Accounts

5.       Define bank Instruction Codes: Brazilian Localization à Setup à Bank Collections à Instruction Codes

6.       Define Bank Occurrence Codes: Brazilian Localization à Setup à Bank Collections à Occurrence Codes